June 24, 2021/United Capital Research Yesterday, the Debt Management Office (DMO) conducted an FGN bond Primary Market Auction (PMA) with the following instruments on offer; 16.2884% FGN MAR 2027 N50.0bn, 12.5000% FGN MAR 2035 N50.0bn and 12.9800% FGN MAR 2050 N50.0bn. As expected, investor demand remained strong as the 2027, 2035 […]

June 24, 2021 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Exchange Limited (NGX) on Thursday Delisted the entire 29,431,179,224 issued shares of   Guaranty Trust Bank Plc and Listed the entire issued share capital of 29,431,179,224 ordinary shares of 50 Kobo each of Guaranty Trust Holding Company Plc on the […]

June 23, 2021/Cordros Report EQUITIES Negative sentiments persisted in the local bourse, as investors sold off Tier-1 banking stocks – ZENITHBANK (-1.3%) and ACCESS (-2.3%). Thus, the All-Share Index declined by 0.1% to 37,804.46 points, with Month-to-Date and Year-to-Date losses higher at -1.7% and -6.1%, respectively. The total volume of […]